Glossary

Deposit (retainer) invoice: what it means for a creative studio.

A deposit invoice, sometimes called a retainer invoice, bills a client for an upfront payment before work begins, securing the studio's schedule and covering early costs.

What it is

A deposit invoice requests an upfront part of the project fee before the studio starts. It is credited against the final invoice. The word "retainer" is used loosely here and should not be confused with an ongoing arrangement; for that, see retainer vs project fee.

Why studios ask for one

A deposit does three things. It reserves your calendar, it covers early costs such as licences or stock, and it filters out clients who are not ready to commit. Many studios treat the deposit as the real start of the project: work begins when it is paid, not when the quote is accepted.

Getting the terms right

State the amount or percentage, when it is due, and what happens to it if the project is cancelled, which connects to the kill fee. Put it in the quote or proposal so it is never a surprise. Issue the invoice promptly after acceptance, while enthusiasm is highest.

  • Say when the deposit is due and what it secures
  • Say whether it is refundable and under what conditions
  • Show how it is deducted from the final invoice

Where Viznerve fits

Viznerve connects to Stripe for revenue, so Ask Nerve can answer which invoices are unpaid or overdue from your real data and cite its source. See Ask Nerve. Money owed becomes a question you ask, not a spreadsheet you maintain.

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